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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Key AML Requirements for PayFacs Now that we’ve covered the basics of AML compliance and its role in the financial system, let’s dive deeper into how PayFacs can help. Let’s get started.

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Embedded Payments explained: Everything software companies need to know

Payrix

Payment facilitation (PayFac) Today, many software companies have a pulse on the opportunities of becoming a payment facilitator, also referred to as a PayFac® developer. If you’re considering PayFac-as-a-Service for your company, there are a few questions you’ll want to ask yourself, and we’ve outlined them for you here.

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The ultimate implementation guide for software payment processing

Payrix

Boost user acquisition and retention Keeping your customers within your own environment to process payments gives you the opportunity to drive deeper engagement and create longer-term value for them.

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A sneak peek at how Payrix implements Embedded Payments

Payrix

An overview of the Payrix Embedded Payments solution Embedded Payments come in various forms, but customers of Payrix have specifically sought out our PayFac-as-a-Service solution for its perfect balance of customization, control, and time-to-value.

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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

From multiple acquisitions to leadership changes, the company has continuously evolved. Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants. We wanted to provide value to other players in the payments ecosystem, so we launched PayFac solutions in 2019.

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Software-led payments: What’s on the horizon for platforms in 2025? | Episode 46

Payrix

Mergers, acquisitions, and IPOs : With the resurgence of M&A activity and an opening IPO market, software companies can explore opportunities for consolidation and value creation. We were the original author of the PayFac model on the trademark. When you hear experience, what are the different flavors of that? Plug, plug, plug.

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Checking all the boxes

Payrix

Durrett explained that Storable is the culmination of several best-in-class acquisitions, including multiple software companies, a marketplace company, and a couple of insurance companies. Payrix also provides Storable the option to become a fully registered payfac when the time is right.